$300 Billion Investment in Electric Vehicles

[Brian W + 78]

Reuters analysis of 29 global automakers found that they are investing at least $300 billion in electric vehicles technology over the next 5-10 years, with more than 45 percent of that earmarked for China. The unprecedented level of spending, much of it by VW is driven in large measure by government policies adopted to cut carbon dioxide emissions, and will extend technological advances that have improved battery cost, range and charging time to make electric vehicles more appealing to consumers, according to an exclusive Reuters analysis of public data released by those companies.

[DA? + 301]

And that's only the big boys, there are thousands of smaller and supply companies investing like mad. Then theres all the related industries that are also developing and using related tech. It's going to be an electric future.

[Auson + 123]

2 hours ago, Brian W said:

Reuters analysis of 29 global automakers found that they are investing at least $300 billion in electric vehicles technology over the next 5-10 years, with more than 45 percent of that earmarked for China. The unprecedented level of spending, much of it by VW is driven in large measure by government policies adopted to cut carbon dioxide emissions, and will extend technological advances that have improved battery cost, range and charging time to make electric vehicles more appealing to consumers, according to an exclusive Reuters analysis of public data released by those companies.

Thats a whole lot of lithium. Shame its so hard to invest in a good Lithium miner even though I view it as unethical.